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<br /> MQRTGACL•LOAN N0.L Zz+�89
<br /> KNOWALLMENDYTHBSCPRESENTS:Thut DOIIIId J8d11 $mltfl and Sam L. Smith, her husband �
<br /> Mortgegor,whether one or mote,in consideration of the sum oC
<br /> � Sixteen Thousand and No/100----------------------------------------------"""" uo��nRs
<br /> loaned to said mortgagor 6y The Equitable Building nnd Loan Assuciation of Crand Island,Nebraska,�lortgugee,upon �[Q �hares of stock o( �
<br /> '+ said ASSOCIATION,CertiGcate No.L ZZzr�a9 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the Following
<br /> described real estate,situated in Flall County,Nebraska:
<br /> A TRACT OF LAND COMPRISING THE SOUTHERLY TWENTY-THREE
<br /> (23.0) FEET OF LOT SIX (6), AND THE NORTHERLY THIRTY-SEVEN
<br /> �
<br /> (37.0) FEET Of LOT SEVEN (7), BLOCK THIRTEEN (13), 4JEST
<br /> S';
<br /> PARK ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> �'; NEBRASKA. �
<br /> - together with all [he tenemen[s,heredilaments and nppurtenances thereunlo belunging,including attached Iloor coverings,all window scceens, �
<br /> F�;£ window shades,blinds,storm windows,awnings,heating,air conditiuning,and plumbing and wacer equipment and accessories tliereto,pumps,sroves,
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. -
<br /> And whereas the said mortgagor has agrced and does here6y agree that the mongagor shall and will pay all taxes and asussments levied or
<br /> assesud upon said premises and upun this mortgage and the bond secuced thereby belbre the same sl�all become delinquen[;to fumish appruved . �
<br /> insurance upun the buildings on said pcemises situated in the sum of 5 �( ���.00 pa5'able tu said ASSOCIATION and to deliver to said
<br /> ASSOCIATfON the policies for said insurance;and not to commit or permrtiny waste on m about siid premises . �
<br /> In case of deCault in�he performance of any o(the terms and conditiunt of this mortgage or the bond secured hereby,the mortgagee shall, � .
<br /> on demand,be entitled to immediate possession of the mortgaged premises �nd the murtgagor hereby assigns, transfers and se[s over to the � .
<br /> mortgaget all die rents,revenues anJ income to be derived.`rom tlie moctgaged premises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and ihc mortgagee shatl have the power to appoint any xgent or agents it may desire(ur the purpose o!repairing said premises and renting
<br /> the same snd collecling:he rents,ievenues and income,and it may pay oul of s:�id inrome all expenses uf repairing wid premises and necessary
<br /> commissions and expenses incucreJ in renting and managing the same and of collecting rentals tlierofwm; the balance remaining,if any,to be
<br /> applied tuward the discharge of said mortgage indebtedne:s;these�ights of the mortgagee may be exercised at any time during the existence of tuch
<br /> K.-;' defaull,irrespective of any iemporary waiver of the same. .
<br /> ����; These Presents,huwever,are upon the ConJition,"Ihat i(the said t�fortgagor shall repay said luan on or befure the maturity uf s�id shares by �
<br /> payment;pay munthly to said ASSOCIATION of the sum specified in the(�und secu�ed hereby as incemst anA principal on said luan,on or before
<br /> i" ihe Twentieth day o(exch and cvery munth,until said loan is(ully paid;pay all laxes and a>tessmcnts levieJ ugainst said premises and on this Alortgnge
<br /> and the Bond secured!Lerety,br.fore delinyuency;furnish approved insurance upon the buildings[hereun in the sum af 5�( OOO.OQ P�S'�ble �� �
<br /> m said ASSOCIATION;repay to said ASSOCIATION upon demand all moncy by it paid(or such taxes,assessments�nd ini}urance with interest at � �
<br /> the maximum Iegsl rate�hereon(rom dale u(payment all of which�fortgagor herehy agrees tu pay;permit no waste on s�id premises;keep xnd comply
<br /> with all�he agreements and conditions of die Bund for S �6�QOQ.QQ�h�s day given by the said Atortgagor to said ASSOCIATION,anJ wmply
<br /> with all the requiremcnts uf the Constitution and fiy-Laws oC said A$S�(.IATION;then lhese presents shall bacume null and vuid,otherwise they
<br /> }°��. shall remain in full(o�ce and may Ue foreclosed�t ihe uptiun of the said ASSOCIA7'ION afcer failure for three months to make any uf said
<br /> payments or be tlrzee monlhs in arrears in making snid monthly payments,or to keep and comply with the agreements anJ conditions of said Uond;
<br /> and�tortga6or aKrees to itave a receiver eppuinted forlhwith in such foceclosure pruceedings.
<br /> If Ihcre is airy change in uwncrstrip o(the real estate mo�tgaged harein,by sale or o�herwise,thcn the entire remaining indebtedness hereby
<br /> a ��� ucured sl�all,al lhe up�iun of The Gyuitable Uuilding and Loan Assuciation u(Grand Island,Nebraska,becume immediatety due and payable wi�hout
<br /> further notice,and the amount remaining Jue under said bond,end any other bund(or any additional advances made thereunder,sLall,from the
<br /> ��� date of exercise of said opliun,bexr interest at the maximum Icgnl rate,and tliis mortgage mey ffien be fureclosed to satisfy the amount due on rnid
<br /> bond,and any othec bond(or additional advances,together with all sums paid by said The Equitable Building and Loan Association o(Crand Islend,
<br /> N:braska for insurance,taxes and assessments,and abstractine extensiun charges,wilh interest �hereon, from date of payment at tl�e maximum
<br /> legal rate.
<br /> As provided in ILe Bond secured hereby,wt�ile this mortgage remains in effect tl�e mortgagee muy heeeaCtec advanee additiun2l smns to the
<br /> t makers u(saiJ Dond,their anigns or succeswrs in interest,which sums shall be within the szcurity oC this mortgage the same as the funJs originally
<br /> secured thereby,lhe tutul amount of pnncipal debt not to exceed at any time�he original amount o(this mortgage.
<br /> Dated this 23rd day u( Ap �7� , A.D..19 �6
<br /> � ,��O?L01�� �X ft:.� �,i 7-rtC Z�� .� _ ��J /_(,r :,
<br /> Donna �ean Smi tti� - Sam L Smi tT'
<br /> STATB OF NGBRASKA,l ss. On this 23rd dxy of Ap ri 1 19 76,betore m<,
<br /> COUNTY OF HALL� 1
<br /> .i.::
<br /> the undersigned,a Notarv Public in and for said County,personally came �.b�'
<br /> Donna Jean Smith and Sam L. Smith, her husband ,yi,o are persunallyknownto ��'r•���
<br /> �, � �p to� �C� perwnS whost nart� affixed to thc above ins[rumrnt as mortgagur S and they severally ,� ,aQ, -
<br /> 7 �
<br /> . � o�leEd�d�1�sai�,fnstrument[o be thei r voluntary act and deed. .
<br /> �SJ..
<br /> �.;�� NOTARY ��TNESS my hand and Notarial Seal the date aforesaid. , !L) '
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<br />� t�Y� usion expires 1 I 1 � -
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<br />� '�j �P�•v�' 131,�ya�` � �� " NotaryPublic
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